62
2007 Annual Report PT Bank Mandiri Tbk.
Report of the Board of Commisioners
t 1SFQBSBUJPOPOJNQMFNFOUJOHBTFMJOUIF beginning of 2008.
t VEJUPG5FDIOPMPHZBOEOGPSNBUJPO4ZTUFNT of the Bank by an independent auditor.
5. Scheduled 5 five meetings with the selected external auditor to discuss:
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t VEJUGFFTGPSBOL.BOEJSJmOBODJBMSFQPSU t .BOBHFNFOUMFUUFSGPSUIFZFBSFOEJOH
December 2006. t 3FWJFXFEGJOBODJBMSFQPSUTGPSUIFQFSJPE
ending 30 September 2007.
6. Arranged 3 three meetings with the Risk Surveillance Committee to confer
regarding:
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beginning of 2008. t -PBO1PMJDZPGBOL.BOEJSJ
7. Reviewed tasks as requested by the Board of Commissioners including reviews of
Internal Audit Reports for Semester I2007 and reports to Bank Indonesia on the
implementation of the Bank’s Business Plan for Semester I2007.
Based upon the review and discussion above, the Audit Committee is of the opinion that:
- The presentation of published financial
reports has satisfied all disclosure principles. -
The Bank has established sufficient internal control systems.
- The Bank has incorporated ample controls
over compliance toward laws and regulations. The Audit Committee also had submitted reports,
proposals and notes on many business activities of the Bank that required consideration by the
Board of Commissioners in conducting its duty and supervisory role as well as giving advice to
the Directors. The Audit Committee concludes, therefore, that
there are no significant additional issues to be reported.
Audit Committee
Gunarni Soeworo
Chair
Soedarjono
Member
Yap Tjay Soen
Member
Zulkifli Djaelani
Member
Imam Sukarno
Member
2007 Annual Report PT Bank Mandiri Tbk.
63
Report of the Board of Commisioners
REPORT OF RISK SURVEILLANCE COMMITTEE
In 2006, the Risk Surveillance Committee RSC formalized the statutes enumerating the RSC’s
membership, duties, authorities, responsibilities and compensation. These statutes affirm that the
RSC’s duties and authorities are to: 1. Advise the Board of Commissioners in
establishing and reviewing risk management policy.
2. Discuss and examine the implementation of risk management policies with relevant
Directors or working units involved in risk management, and submit the findings for
review in Board of Commissioners’ meetings or Joint Meetings between the Boards of
Commissioners and Directors. 3. Assess and reevaluate the Bank’s internal
regulations on risk management policies. 4. Evaluate product risk as well as the risks
associated with a changing environment arising either internally or external to the
Bank. 5. Periodically review the Bank’s risk
management and its implementation guidelines, including changes to these
guidelines. 6. Evaluate the accuracy of risk measurement
models and the validity of the data. 7. Monitor the activities of the Risk and
Capital Committee RCC and review the effectiveness of RCC decisions.
8. Review the Bank’s draft quarterly risk profile report on individual and consolidated bases
and advise the Board of Commissioners on issues that require further discussion with the
Directors. Members of the RSC have agreed to meet on
a monthly basis. These meetings are official, and may develop recommendations to the
Board of Commissioners. On the basis of these recommendations, the Board of Commissioners
will draw conclusions on risk issues. For each of these meetings, the RSC may invite
all appropriate parties of relevance to the risk issues under discussion.
The RSC during 2007 held a series of intensive discussions with parties involved in risk
management.
Risk Surveillance Committee
Soedarjono
Chairman
